Aclara Announces Significant Progress in Its Metals and Alloys Project

Core Insights - Aclara Resources Inc. has made significant progress in its Metals and Alloys Project, focusing on supplying high-purity rare earth metals and alloys to permanent magnet manufacturers [1] - The project is part of Aclara's vertical integration strategy, utilizing oxides from its heavy rare earth separation facility in Louisiana [1] Technological Development - The internal prefeasibility study (PFS) is expected to be completed by the end of March 2026, including detailed production process design and economic analysis [1] - A demonstration plant will be implemented to produce rare earth metals and alloys using molten salt electrolysis technology, with a production capacity of 175 kgs per day of NdPr alloy with >99.5% purity [1] Production and Operational Strategy - The demonstration plant will operate in four campaigns, each lasting between 5 and 20 days, starting in the second half of 2026 [1] - The operational data from these campaigns will support the development of a digital process model aimed at optimizing performance [1] Future Development Plans - Aclara is considering a second demonstration stage to include Dy oxide for producing a more sophisticated alloy [1] - The company aims to have a project ready for construction by the end of 2026, supported by proven technology and secured feed from its separation plant and mines in Chile and Brazil [1] Company Overview - Aclara Resources Inc. is focused on building a vertically integrated supply chain for rare earth alloys, with projects in Brazil and Chile utilizing patented Circular Mineral Harvesting technology [2] - CAP S.A., a partner in the joint venture, brings extensive expertise in metal refining and is a leading high-grade iron ore producer [2]